CapitaLand buys Asia Square Tower 2, following last year’s sale of Tower 1 to QIA. : BlackRock has agreed to sell Asia Square Tower 2, a prime office tower in Singapore’s Marina Bay financial precinct, to CapitaLand Commercial Trust for SGD2.09bn (€1.3bn). BlackRock set a record last year when it sold Asia Square Tower 1 to the Qatar Investment Authority for SGD3.4bn. CapitaLand Commercial Trust (CCT), one of Asia’s largest reale estate investment trusts will fund the transaction with equity and debt.